Noticed this bit:
"The total owed to all creditors, including the banks, was up to £764m and includes £56m that United owe to other clubs in transfer fee instalments on players Sir Alex Ferguson has signed."
They have not spent much in the transfer market in the last 2 years for a club their size, and have got a lot of money back for the likes of Smith (6million), Rossi (7million), Richardson (5m), Van Nistelrooy (11m)
They have bought players in but now this article says they havent paid for them. 56 million must be about three quarters of the fees for players Ferguson signed since Glazer took over, and I think I am right in saying they will have to find about 19m if they want to keep Tevez.
And despite this, and massive ticket price increases, and reaching a champions league final and winning the league last year, they still didnt make a profit?
Their squad is looking a bit thinner now especially up front. They now only have rooney, tevez (who they dont own), saha (who they reckon is finished), and then its the likes of dong, welbeck, campbell
Fact is having to pay 50million in interest payments every single year is going to bite